5 best crypto trading bots in 2024

The crypto market is expecting significant developments in 2024, especially in light of the upcoming halving in April. This event is historically associated with the growth of bitcoin and provides an environment that is favorable for traders. It raises a question: how to effectively handle emotions and maintain objectivity when trading crypto? In this context, trading bots come into play as reliable allies of traders. In this article, we would like to review the top five services for automation in 2024.

How to choose a bot for crypto trading

Choosing a bot involves a thorough analysis, taking into account the trader’s individual needs. It is important to evaluate the functionality of the service, its alignment with your trading strategy, the level of your experience and the reviews of users. For an in-depth choice, let’s take a look at the key criteria to consider:

1. Type of trading strategy: determine which trading strategy you want to employ, such as market making, DCA, arbitrage or perhaps copying trades.

2. Supported exchanges: make sure that the bot supports the crypto exchanges you plan to trade on and ensures proper integration with them.

3. Indicators and signals: check if the service you are considering provides the tools you usually use.

4. Cost and payment model: compare prices and pay attention to payment methods: whether payment by bank card is available, or if there is a payment in crypto.

5. Customer service and updates: evaluate the level of support and regularity of updates from the developer.

6. Security and transparency: note the level of security of the proposed bot and the transparency of its operation.

Comparison table of the top 5 crypto trading bots

Best crypto trading robots in 2024

1. TradeSanta: The best all-in-one crypto bot for trading

TradeSanta is an all-in-one online platform with bots, signals and a terminal, which is suitable for traders of all levels. The service is known for its user-friendly interface and the ability to quickly set up a bot for both spot and futures markets.

Bot types: DCA, Grid

Main services: trading robots, terminal, marketplace, ready-made templates for bot customization, risk management tools

Supported exchanges: Binance, ByBit, OKX, Kraken, HitBTC, HTX, XGO

Indicators: Bollinger Bands, MACD, RSI, TradingView Screener signal, Custom TradingView Start signal

Mobile app: Yes

Trial version: Yes

Available languages: English, Spanish, Russian, Chinese, English, French, Portuguese, Japanese, Spanish, Spanish, Turkish

2. Cryptohopper: The best bot for social trading

Cryptohopper is an automated bot founded in 2017. The platform stands out for its trading features, which include AI-based trading as well as social trading.

Bot types: DCA, Market-Making, arbitrage

Main services: robots, terminal, marketplace, demo trading

Supported exchanges: Binance, Coinbase Pro, Poloniex, Kraken, Bitfinex, KuCoin, HitBTC and others

Indicators: Absolute Price Oscillator, Aroon, Average Directional Movement, Average True Range, Bollinger Bands, Chaikin A/D Oscillator

Mobile app: Yes

Trial version: Yes

Available languages: English, Spanish, Dutch, Filipino, French, German, Hindi, Japanese, Korean, Portuguese and Russian

3. 3Commas: The best bot for advanced users 

Suitable for traders who have a solid understanding of the nuances of trading and already have a certain experience. The robot offers a trading terminal, advanced order types and other tools for executing trades.

Bot types: DCA, Grid, option bot

Main services: robots, terminal, marketplace, rebalancing, paper trading

Supported exchanges: Binance, Bitstamp, Bitfinex, Coinbase, OKX, KuCoin, HTX, Bybit, Kraken and others

Indicators: RSI, ULT, BB, MFI, CCI, MACD, Parabolic SAR, SMA, Heikin Ashi

Mobile app: Yes

Trial version: Yes

Available languages: English, French, Portuguese, Chinese, Spanish, Korean, Czech, Turkish, Dutch

4. Coinrule: The best bot with preset strategies

Founded in 2018, the bot offers more than 150+ trading templates of trading strategies that automatically execute when market conditions meet preset parameters, which are based on the If-This-Then-That approach. 

Bot types: Over 150 ready-made trading templates, including Buy the dips, Grid, RSI-based rebalancing

Main services: robots, marketplace, paper trading on Binance

Supported exchanges: Binance, Coinbase, Kucoin, Kraken, etc

Indicators: Moving Average, RSI and others

Mobile app: Yes

Trial version: Yes

Available languages: English

5. Pionex: The best built-in exchange bot

Pionex is both an exchange and a trading automation platform with more than 15 built-in bots. The platform aggregates liquidity from other major platforms including Binance and Huobi. An optimal choice for those looking for free built-in trading bots. 

Bot types: Grid, DCA, arbitrage

Main services: robots, marketplace, portfolio management, AI trading

Supported exchanges: Binance, Huobi 

Indicators: Aroon, ADX, Average True Range, Bollinger Bands

Mobile app: Yes

Trial version: Yes

Available languages: Russian, German, Spanish, Finnish, French, Indonesian, Italian, Japanese, Portuguese, Thai

Conclusion

Choosing a bot for crypto trading is an individual decision depending on your needs, strategy, and experience. If our review helped you navigate through the variety of automation tools on the market and you have already made your decision, then our guide on how to trade with robots will be your next most logical step.

FAQ

How do you choose the best crypto trading bot?

Choosing a bot involves a thorough analysis, taking into account the trader’s individual needs. You can rely on criteria such as the type of trading strategy, supported exchanges, indicators and signals, cost and payment model, customer service, and updates, as well as security and transparency.

Which is the best all-in-one crypto trading bot?

TradeSanta is the best all-in-one online platform with crypto bots, signals and a terminal, which is suitable for traders of all levels. The service is known for its user-friendly interface and the ability to quickly set up a bot for both spot and futures markets.